Extruded Plastics Market
By Resin Type;
Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC) and Polystyrene (PS)By Application;
Packaging, Building & Construction, Automotive, Consumer Goods and Electrical & ElectronicsBy End-User;
Packaging Industry, Construction Industry, Automotive Industry, Electrical & Electronics Industry and Healthcare IndustryBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Extruded Plastics Market Overview
Extruded Plastics Market (USD Million)
Extruded Plastics Market was valued at USD 227,653.07 million in the year 2024. The size of this market is expected to increase to USD 311,885.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.
Extruded Plastics Market
*Market size in USD million
CAGR 4.6 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 4.6 % |
| Market Size (2024) | USD 227,653.07 Million |
| Market Size (2031) | USD 311,885.58 Million |
| Market Concentration | High |
| Report Pages | 381 |
Major Players
- Formosa Plastics Group
- SABIC (Saudi Arabia Basic Industries Corporation)
- Sigma Plastics Group
- JM Eagle
- Sealed Air Corporation
- Berry Plastics Corporation
- E. I. Du Pont De Nemours and Company
- AEP Industries Inc.
- The DOW Chemical Company
- Chevron Phillips Chemical Company LLC
- Exxonmobil Chemical Company
- Engineered Profiles LLC
- Bemis Company, Inc.
- Arkema S.A.
- Saint-Gobain S.A.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Extruded Plastics Market
Fragmented - Highly competitive market without dominant players
extruded plastics market continues to expand, propelled by innovations in polymer science and broader industrial utilization. As industries demand resilient, lightweight, and customizable materials, extruded plastics have emerged as a preferred solution. Recent trends highlight a usage increase exceeding 6%, mainly due to their rising integration in packaging and building materials.
Efficiency and Sustainability Advantages
Recognized for their low-cost manufacturing and waste reduction, extruded plastics are gaining traction among eco-conscious manufacturers. These materials are highly recyclable and adaptable, with over 58% of producers aligning them with green production goals, which significantly enhances operational sustainability and cost control.
Technological Progressions
Emerging technologies such as automated extrusion systems and high-precision dies are redefining quality standards within the industry. These upgrades allow for better control over properties like elasticity and heat resistance. Currently, automated systems are present in more than 40% of extrusion facilities, reflecting a growing trend toward production efficiency.
Widening Applications
Extruded plastics now serve a broader spectrum of industries due to their performance versatility. Rising use in automotive, electrical components, and household products reflects a notable 7% growth in application demand. These trends are further supported by the adaptability of various polymers to meet niche functional needs.
Strategic Outlook
With R&D investment on the rise and technological integration accelerating, extruded plastics market is poised for continued growth. Analysts expect an uptick close to 8% in demand, driven by innovations in sustainable alternatives and increasing consumer expectations. The shift toward high-efficiency and bio-compatible plastics marks a new era for market evolution.
Extruded Plastics Market Key Takeaways
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Growth in construction and automotive industries is driving demand for extruded plastics, particularly for applications requiring lightweight, durable, and flexible materials.
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Advances in material science are enhancing the functionality of extruded plastics, making them more suitable for a wide range of applications, from packaging to medical devices.
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Increased focus on sustainability is encouraging manufacturers to produce extruded plastics from recycled materials, supporting the growing demand for eco-friendly products.
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Customization capabilities in extruded plastics are a key factor driving demand, with industries able to tailor products for specific applications, including varying shapes, colors, and mechanical properties.
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Cost-effectiveness of extruded plastics is making them attractive to industries seeking affordable and efficient manufacturing solutions for a variety of products.
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Regulatory compliance and safety standards are driving innovation in extruded plastics market, ensuring that materials meet industry-specific requirements while also reducing environmental impact.
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Leading players in extruded plastics market include Berry Global, Severstal, and Alcoa, which continue to lead in producing high-quality, cost-effective plastic solutions for diverse industries.
Extruded Plastics Market Recent Developments
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In April 2025, Berry Global Inc. launched a new recyclable multi-layer extruded plastic film for food packaging, integrating barrier and resealable characteristics to advance sustainability in Extruded Plastics Market.
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In August 2024, SABIC announced the completion of a merger with a regional extrusion-profile manufacturer in Southeast Asia, expanding its manufacturing footprint and product range within Extruded Plastics Market.
Extruded Plastics Market Segment Analysis
In this report, Extruded Plastics Market has been segmented by Resin Type, Application, End-User and Geography.
Extruded Plastics Market, Segmentation by Resin Type
The market is segmented by Resin Type to reflect material performance, processing economics, and end-use compatibility.
Resin selection drives product design, recyclability strategies, and supplier partnerships as manufacturers balance cost, mechanical properties, and sustainability goals.
Key drivers include lightweighting, regulatory pressure on recyclability, and advances in resin formulations that enable higher throughput and improved surface quality.
Polyethylene (PE)
Polyethylene (PE) is widely used for its toughness, chemical resistance and ease of extrusion, making it a backbone resin for films, pipes, and profiles.
Market strategies emphasize high-throughput processing, incorporation of recycled content, and collaborations with resin producers to secure stable feedstock supplies.
The growth outlook for PE focuses on packaging lightweighting and regional capacity expansions that improve lead times for converters.
Polypropylene (PP)
Polypropylene (PP) is prized for stiffness-to-weight ratio and heat resistance, driving adoption in automotive trims, consumer goods and technical profiles.
Suppliers invest in nucleation and impact-modified grades to broaden application windows, while OEMs target PP for cost-efficient parts consolidation.
Strategic partnerships between extruders and resin makers accelerate qualification of specialty PP grades for high-performance extruded components.
Polyvinyl Chloride (PVC)
Polyvinyl Chloride (PVC) remains dominant in building & construction applications due to fire-retardant properties and dimensional stability.
The market emphasis is on formulation improvements to reduce plasticizer migration and on recycling streams for rigid PVC profiles.
Growth initiatives include localized compounding and green PVC programs that aim to balance regulatory compliance with long-term durability.
Polystyrene (PS)
Polystyrene (PS) is typically used where clarity, ease of processing and low cost are required, such as certain consumer and display applications.
Innovation efforts explore impact-modified and foamed PS extrusions to extend usability while addressing environmental scrutiny over single-use formats.
Manufacturers monitor regulation and substitution trends, positioning PS in niches where performance and economics align.
Extruded Plastics Market, Segmentation by Application
Segmenting by Application aligns extruded product portfolios with end-market requirements such as barrier properties, structural load, and aesthetic finish.
Applications span packaging, building & construction, automotive, consumer goods, and electrical & electronics, each with distinct certification, tolerance, and cost pressures.
Vendors pursue targeted R&D, co-development with OEMs, and service-level agreements to deepen penetration in high-value application pockets.
Packaging
Packaging applications prioritize thin-gauge extrusions, barrier performance and recyclability, prompting investments in mono-material solutions and high-speed lines.
Collaborations between extruders and brand owners focus on lightweighting and PCR (post-consumer recycled) content integration to meet sustainability commitments.
The strategic outlook centers on modular extrusion lines capable of running multiple substrate grades to serve both primary and secondary packaging segments.
Building & Construction
Building & Construction demands durable, weather-resistant profiles such as window frames, siding and piping where long-term performance and compliance are essential.
Market players emphasize flame retardant formulations, UV stabilization and system-level warranties to win specification into construction projects.
Expansion strategies include local compounding, downstream finishing capabilities, and partnership with construction distributors to shorten project lead times.
Automotive
Automotive applications leverage extrusions for interior trims, seals, and structural components where weight reduction and cycle-time improvements are pivotal.
Suppliers work closely with OEMs on material qualification, lightweighting programs, and just-in-sequence delivery to integrate extruded parts into assembly lines.
Technological advancements in high-performance resins and in-line surface finishing help extruders capture a larger share of automotive content.
Consumer Goods
Consumer Goods uses extruded plastics for a range of durable and disposable items, with aesthetics, tactile feel and cost being primary concerns.
Manufacturers emphasize versatile tooling, color matching, and secondary operations to provide value-added assemblies to brand proprietors.
Growth is linked to fast product cycles, regional supply agility, and the ability to offer sustainable resin options without price premiums.
Electrical & Electronics
Electrical & Electronics requires extruded components with tight tolerances, flame retardancy, and dielectric properties, such as cable jacketing and structural housings.
Extruders invest in clean-room extrusion cells, precision tooling and certified material grades to meet stringent industry standards.
Partnerships with electronics manufacturers and tiered qualification programs are core go-to-market tactics to capture high-margin business in this segment.
Extruded Plastics Market, Segmentation by End-User
Segmenting by End-User links extrusion capabilities to procurement cycles, service requirements, and customization needs of industries such as packaging, construction, automotive, electrical & electronics and healthcare.
End-user demand shapes product specifications, inventory strategies and aftermarket service offers; suppliers tailor business models to each industry's cadence and regulatory environment.
Strategic growth leverages verticalized solutions, technical support, and long-term supply agreements to lock in recurring revenue from key end-users.
Packaging Industry
The Packaging Industry demands scale, speed and regulatory compliance for food-contact and protective applications, driving investment in high-output extrusion lines and barrier co-extrusion technology.
Extruders collaborate with packaging converters and brand owners on design-for-recycling and lightweighting to meet corporate sustainability targets.
Business models often include toll extrusion, inventory management, and co-development agreements to secure long-term volume contracts.
Construction Industry
The Construction Industry prioritizes durability, certified performance, and supply reliability for profiles and piping, influencing extruder focus on formulation stability and regional stocking hubs.
Suppliers develop system-level offerings profiles plus accessories while engaging in spec-writing and BIM (Building Information Modeling) initiatives to be specified early in projects.
Expansion plans commonly include local production footprints to reduce logistics costs and to comply with region-specific building codes.
Automotive Industry
The Automotive Industry requires tight tolerances, color consistency, and just-in-time logistics, which drives extruders to adopt advanced process control and in-line inspection systems.
Collaborations with OEM design teams accelerate adoption of extruded parts in modular assemblies and interior systems.
Suppliers pursue tiered qualification and long-term supply contracts to scale with vehicle platforms and electrification trends.
Electrical & Electronics Industry
The Electrical & Electronics Industry demands certified, high-precision extruded components for cable management, housings and insulating parts, pushing investments into quality systems and traceability.
Extrusion businesses form close engineering partnerships with electronics manufacturers to meet miniaturization and thermal management needs.
Future growth is expected from connectors and cable-jacket innovations tailored to evolving telecommunications and data-center infrastructure.
Healthcare Industry
The Healthcare Industry sets strict standards for cleanliness, biocompatibility and sterilization resistance, creating a premium niche for qualified extruded products.
Extruders targeting healthcare invest in controlled environments, material certifications and documentation for regulatory submissions.
Strategic focus includes single-source suppliers for medical OEMs and rapid prototyping to support device innovation cycles.
Extruded Plastics Market, Segmentation by Geography
In this report, the Extruded Plastics Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America is characterized by advanced manufacturing, strong demand from packaging and automotive sectors, and significant investments in recycling infrastructure.
Suppliers focus on localized production, innovation in PCR integration, and long-term agreements with large converters to secure volume.
Strategic priorities include automation, digital process control and sustainability programs to meet stringent customer and regulatory expectations.
Europe
Europe emphasizes stringent environmental regulations, circularity targets and a strong construction and automotive base, driving demand for certified and recyclable extrusions.
Market participants prioritize eco-design, regional compounding, and partnerships with recycling firms to close material loops.
Growth strategies include premium product lines that meet EU eco-labeling and extended producer responsibility schemes.
Asia Pacific
Asia Pacific is a high-growth region due to rapid industrialization, expanding packaging demand and growing automotive production, making it a focal point for capacity expansions.
Extruders invest in greenfield plants, joint ventures, and technology transfer to capture local market share and reduce logistics lead times.
The future outlook highlights strong near-term growth and increasing adoption of higher-performance resins and localized R&D centers.
Middle East & Africa
Middle East & Africa shows selective growth tied to infrastructure projects and rising packaging needs, with an emphasis on durable, weather-resistant extrusions for regional climates.
Market strategies often involve distributor partnerships, regional warehousing and targeted product portfolios that tolerate harsh environmental conditions.
Suppliers see opportunity in building local conversion capabilities and in providing low-maintenance, high-durability extrusion solutions.
Latin America
Latin America is a developing market with steady demand from construction and packaging, where price sensitivity and supply chain reliability guide purchasing decisions.
Extrusion businesses expand through local partnerships, tolling arrangements and distributor networks to improve market reach.
Strategic focus includes capacity investments that reduce import dependency and tailored offerings for regional regulatory and performance needs.
Extruded Plastics Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Extruded Plastics Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Surging demand in packaging applications
- Growth of construction and infrastructure projects
- Expansion in automotive plastic components
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Advancements in extrusion processing technologies - Significant are driving innovation and efficiency in extruded plastics market. Modern extrusion systems offer improved precision, higher throughput, and enhanced automation, allowing manufacturers to produce complex profiles with consistent quality. These developments are particularly crucial in industries demanding customized plastic solutions, such as packaging, automotive, and medical.
The incorporation of computer-controlled systems and real-time monitoring tools enables better control over temperature, pressure, and material flow. This results in fewer production defects, reduced waste, and optimized material usage. Technological enhancements like multi-layer co-extrusion and foam extrusion have further expanded application potential by offering superior barrier properties and lightweight characteristics.
Energy-efficient extrusion equipment is also contributing to operational cost savings while supporting sustainability goals. Many manufacturers are adopting advanced screw designs, servo-driven motors, and infrared heating systems that not only reduce energy consumption but also enhance material compatibility across different polymer grades. These features improve productivity while minimizing environmental impact.
With continued R&D in high-speed extrusion lines, modular machinery, and smart factory integration, the capabilities of plastic extrusion are evolving rapidly. As manufacturers seek to gain competitive advantages through quality, speed, and efficiency, technology will remain a cornerstone of growth in the extruded plastics industry.
Restraints:
- Environmental concerns over plastic waste
- Volatility in raw material prices
- Regulatory pressure on non-recyclables
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Limited biodegradability of traditional plastics - To pose a substantial restraint in extruded plastics market. Most extruded plastics, especially polyvinyl chloride (PVC), polyethylene (PE), and polypropylene (PP), are derived from fossil fuels and are non-biodegradable. Once disposed of, they persist in the environment for decades, contributing to growing concerns over plastic pollution and ecological degradation.
As public awareness of environmental sustainability increases, so does scrutiny over the life cycle of plastic products. Regulatory agencies and environmental groups are pushing for a transition toward eco-friendly alternatives, making it challenging for traditional plastic products to maintain approval across markets. This pressure has led to bans on single-use plastics in various countries and stricter compliance policies for industrial plastic producers.
Consumers are also demanding products that align with circular economy principles, favoring biodegradable or compostable materials over traditional polymers. This trend puts additional pressure on manufacturers that continue to rely on materials with low decomposition rates. The gap between supply and the demand for environmentally responsible alternatives slows market growth and creates reputational risks for producers.
Unless more substantial progress is made in the adoption of biodegradable formulations or recycling technologies, the environmental drawbacks of conventional extrusion plastics will remain a critical bottleneck. Addressing these issues is essential not only for market expansion but also for long-term ecological balance and regulatory compliance.
Opportunities:
- Rising use of bioplastics
- Innovation in lightweight plastic materials
- Growth in medical-grade extrusion products
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Expansion of recycling-based production models - The growing emphasis on the expansion of recycling-based production models is creating valuable opportunities for extruded plastics market. With environmental regulations tightening and public demand for sustainable products increasing, companies are adopting closed-loop recycling systems to reprocess post-consumer and post-industrial plastic waste into high-quality extruded products. This approach reduces raw material dependency and promotes circular economy practices.
Modern extrusion lines are now being designed with the capability to handle recycled resins without compromising mechanical or aesthetic properties. This allows manufacturers to create products such as recycled plastic films, pipes, and profiles with reduced environmental impact. The shift toward recycling-driven models also opens access to new customer segments and contracts, especially from brands committed to sustainability goals.
Government incentives and infrastructure development in plastic recycling are accelerating this transformation. Policies encouraging the use of recycled content in packaging and other applications have made it financially viable for producers to invest in advanced recycling and extrusion equipment. Technologies like chemical recycling and high-purity polymer sorting are further enhancing the potential of recycled material in extrusion processes.
As sustainability becomes central to industrial strategy, the ability to integrate recycling-focused extrusion solutions offers a competitive edge. Companies leveraging these models not only contribute to reducing plastic waste but also build brand loyalty and meet evolving stakeholder expectations in an eco-conscious marketplace.
Extruded Plastics Market Competitive Landscape Analysis
Extruded Plastics Market is witnessing strong competition, with nearly 65% of the share dominated by established polymer manufacturers and packaging companies. Firms are adopting targeted strategies, product innovation, and industrial partnerships to enhance their portfolios. Continuous growth is supported by demand in construction, automotive, and consumer goods, while collaboration with distributors strengthens reach and competitiveness.
Market Structure and Concentration
The market shows moderate consolidation, with around 60% controlled by top producers leveraging large-scale facilities. Smaller firms compete through niche innovation and localized collaboration. Strategic merger activities and manufacturing expansion reinforce competitive concentration, while diverse applications support steady growth. This structure balances dominance of leading companies with contributions from regional players.
Brand and Channel Strategies
Close to 55% of revenues are generated through direct contracts with industrial clients, while retail and online platforms show accelerated growth. Companies emphasize brand strategies that highlight durability, cost-effectiveness, and performance. Strong partnerships with end-use industries and distributors ensure visibility, while channel expansion secures long-term growth across key application areas.
Innovation Drivers and Technological Advancements
Nearly 70% of producers are investing in technological advancements such as advanced extrusion processes, recyclable materials, and energy-efficient systems. Continuous innovation supports sustainable production and product diversity. Strategic collaboration with research institutions and industrial customers accelerates development, while these initiatives reinforce growth in packaging, automotive, and infrastructure sectors.
Regional Momentum and Expansion
Asia-Pacific contributes nearly 45% of demand, supported by large-scale industrial expansion and manufacturing growth. North America emphasizes performance-driven strategies and sustainability-focused collaboration, while Europe shows consistent growth with regulatory-driven adoption of eco-friendly products. Other regions are gaining traction with localized partnerships and infrastructure investments driving long-term competitiveness.
Future Outlook
The Extruded Plastics Market is projected to maintain steady growth, with over 55% of firms prioritizing sustainable innovation and recycling initiatives. Long-term strategies will emphasize process optimization, regional expansion, and integration with advanced manufacturing systems. Strong partnerships and continuous technological advancements are expected to shape the industry’s future outlook, reinforcing competitiveness across multiple end-use industries.
Key players in Extruded Plastics Market include:
- BASF SE
- Dow Inc.
- LyondellBasell Industries N.V.
- SABIC
- ExxonMobil Corporation
- INEOS Group Holdings S.A.
- Formosa Plastics Corporation
- Mitsubishi Chemical Holdings Corporation
- TotalEnergies SE
- Lanxess AG
- Covestro AG
- Eastman Chemical Company
- Celanese Corporation
- Solvay S.A.
- Teijin Limited
- Berry Global Inc.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Resin Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Extruded Plastics Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Surging demand in packaging applications
- Growth of construction and infrastructure projects
- Expansion in automotive plastic components
- Advancements in extrusion processing technologies
- Restraints
- Environmental concerns over plastic waste
- Volatility in raw material prices
- Regulatory pressure on non-recyclables
- Limited biodegradability of traditional plastics
- Opportunities
- Rising use of bioplastics
- Innovation in lightweight plastic materials
- Growth in medical-grade extrusion products
- Expansion of recycling-based production models
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Extruded Plastics Market, By Resin Type, 2021 - 2031 (USD Million)
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Extruded Plastics Market, By Application, 2021 - 2031 (USD Million)
- Packaging
- Building & Construction
- Automotive
- Consumer Goods
- Electrical & Electronics
- Extruded Plastics Market, By End-User, 2021 - 2031 (USD Million)
- Packaging Industry
- Construction Industry
- Automotive Industry
- Electrical & Electronics Industry
- Healthcare Industry
- Extruded Plastics Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Extruded Plastics Market, By Resin Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Dow Inc.
- LyondellBasell Industries N.V.
- SABIC
- ExxonMobil Corporation
- INEOS Group Holdings S.A.
- Formosa Plastics Corporation
- Mitsubishi Chemical Holdings Corporation
- TotalEnergies SE
- Lanxess AG
- Covestro AG
- Eastman Chemical Company
- Celanese Corporation
- Solvay S.A.
- Teijin Limited
- Company Profiles
- Analyst Views
- Future Outlook of the Market

